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Providence 02864
51 Pine Swamp Road
$499,900
● House - Off Market

51 Pine Swamp Road

Cumberland, RI 02864
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,900 Ft²
$1,103,716
RealtyHop Estimate
120.79%
Since Jan 1, 2004
National-US
Primary Model

About This Property

GREAT LOCATION CLOSE TO HIGHWAY & SHOPPING.AMENITIES INCLUDE 2 STORY FOYER, H/W FLOORS 1ST LEVEL EXCEPT F/R, GORGEOUS KIT. ACCENT ARCHES & PILLARS, HUGE MASTER SUITE W/WALK-IN CLOSET PLUS HUGE WALK-IN STORAGE,CATHEDRAL FAMILYROOM & MORE
Unit Size
2,900 Ft²
Days on Market
-
Land Size
1.83 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #30715383)

Price History

Date / Event Date Event Price
Sep 20, 2022 Sold
Premium
Sold
Apr 3, 2018 Sold
Premium
Sold
Feb 22, 2010 Sold
Premium
Sold
Dec 17, 2003 Sold
Premium
Sold
Apr 30, 2003 Listed by Galvin Real Estate $499,900
Listed by Galvin Real Estate

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,384
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,432
  • Total Building Area: 2,760
  • Gross Building Area: 5,556
  • Building Area: 2,760
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,760
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002099
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Cumberland School District
  • School Tax School District: CUMBERLAND SD
  • Census Tract: 011402

Zoning

  • Zoning: A-2

Geography

  • Account Number: 3-0011-65
  • Parcel: CUMB M:050 B:0212 L:000
  • Block: 212
  • Municipality: CUMBERLAND
  • Latitude: 42.014
  • Longitude: -71.4574

    Address

  • Full Address: 51 Pine Swamp Rd
  • Address - House Number: 51
  • Address - Street Name: Pine Swamp
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R003
  • 4-Digit Zip Code: 1107
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $758,800

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 738,801
  • High Value: 863,167
  • Low Value: 614,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $653,000
  • Assessed Land Value: $183,100
  • Assessed Improvements Value: $469,900

    Sales

  • Current Sale Contract Date: Sep 19, 2022
  • Current Sale Recording Date: Sep 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 135308
  • Previous Sale Recording Date: Apr 03, 2018
  • Previous Sale Amount: $118,500
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Providence

Stats & Trends

Median Asking:

$489,900

Sale Price/ft²

$274

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2470 ft²

Average Home Age

69.3 years

Currently For Sale

104 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30715383

Frequently Asked Questions

When was property at 51 Pine Swamp Road built and last sold?
The property at 51 Pine Swamp Road was built in 2003 and last sold on Sep 19, 2022 for $685,000.
How much is this home worth?
The estimated value of the home located at 51 Pine Swamp Road is $0.
What are some comparable homes to 51 Pine Swamp Road?
There are currently no comparable homes to 51 Pine Swamp Road.
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